Daily News

Source: Bankofcanada October 23, 2024

Bank of Canada reduces policy rate by 50 basis points to 3¾%

The Bank of Canada today reduced its target for the overnight rate to 3¾%, with the Bank Rate at 4% and the deposit rate at 3¾%. The Bank is continuing its policy of balance sheet normalization. The...

Source: Financialpost October 23, 2024

Diane Francis: Canada's immigration problems are of Trudeau's own making

Trudeau has been putting his own interests above those of the Canadians he is supposed to serveThe global immigration mess spreads because asylum laws are easily gamed and smuggling is an industry unto itself. Europe and the United States have been deluged w...

Source: Financialpost October 23, 2024

Posthaste: Bank of Canada rate cut unlikely to move the needle on housing market, says poll

74% of Canadians say they need rates below 3% before they buy We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Bank of Canada rate cut unlikely to move the needle on...

Source: Financialpost October 23, 2024

Mark Carney says Conservative Party 'doesn’t understand the economy' on MP’s podcast

Improving productivity and attracting more business investment among Liberal adviser's prioritiesFormer Bank of Canada and Bank of England governor Mark Carney has taken aim at the Conservatives while laying out his priorities on how to secure future growth...

Source: Financialpost October 23, 2024

Recent grads, students face ‘full-out screaming crisis’ as they struggle to enter job market

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by Workday Workday A stunning 80% of the increase in...

Source: Financialpost October 22, 2024

Popeyes vs. Mary Brown's: A cross-border chicken rivalry is brewing in Atlantic Canada

The hometown favourite is going head to head with the come-from-away multinational based in MiamiShirley Williamson and Dianne Bottomley never bought into the Popeyes craze, not even when the American Louisiana-style chicken chain made its foray into Atlanti...

Source: Financialpost October 22, 2024

Posthaste: Oil prices could be cut in half if the Saudis open the taps, warn economists

$30 crude could challenge viability of oilsands projects We apologize, but this video has failed to load. Try refreshing your browser, ortap here to see other videos from our team. Posthaste: Oil prices could be cut in half if the Saudis open the taps,...

Source: Financialpost October 22, 2024

1 in 3 Canadians are moonlighting on company time: survey

This section is Presented This section was produced by the editorial department. The client was not given the opportunity to put restrictions on the content or review it prior to publication. by Workday Workday Main reasons for working two gigs...

Source: Financialpost October 22, 2024

Matthew Lau: Government-run daycare is a disaster. Is anyone surprised?

Ottawa's takeover threatens to put private providers out of business. This week in Ontario, the sector is fighting backThe government takeover of child care is reaching a crisis point in Ontario. This week, child-care operators are participating in rolling c...

Source: Financialpost October 22, 2024

Bank of Canada widely expected to make jumbo rate cut on Wednesday

Most economists are predicting a 50-basis-point cutThe Bank of Canada is set to make its next interest rate decision on Wednesday, with most economists predicting a jumbo 50-basis-point cut. We apologize, but this video has failed to load. Try refreshing...